Colombo Investment (Sri Lanka) Probability of Future Stock Price Finishing Over 107.23
| CITN0000 | LKR 107.25 1.25 1.18% |
Colombo |
Colombo Investment Target Price Odds to finish over 107.23
The tendency of Colombo Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay above 107.23 in 90 days |
| 107.25 | 90 days | 107.23 | about 32.3 |
Based on a normal probability distribution, the odds of Colombo Investment to stay above 107.23 in 90 days from now is about 32.3 (This Colombo Investment Trust probability density function shows the probability of Colombo Stock to fall within a particular range of prices over 90 days) . Probability of Colombo Investment Trust price to stay between 107.23 and its current price of 107.25 at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon Colombo Investment Trust has a beta of -0.67 suggesting as returns on the benchmark increase, returns on holding Colombo Investment are expected to decrease at a much lower rate. During a bear market, however, Colombo Investment Trust is likely to outperform the market. Additionally Colombo Investment Trust has an alpha of 0.2535, implying that it can generate a 0.25 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Colombo Investment Price Density |
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Predictive Modules for Colombo Investment
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Colombo Investment Trust. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Colombo Investment Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Colombo Investment is not an exception. The market had few large corrections towards the Colombo Investment's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Colombo Investment Trust, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Colombo Investment within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.25 | |
β | Beta against Dow Jones | -0.67 | |
σ | Overall volatility | 6.29 | |
Ir | Information ratio | 0.02 |
Colombo Investment Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Colombo Investment for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Colombo Investment Trust can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Colombo Investment appears to be risky and price may revert if volatility continues |
Colombo Investment Technical Analysis
Colombo Investment's future price can be derived by breaking down and analyzing its technical indicators over time. Colombo Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Colombo Investment Trust. In general, you should focus on analyzing Colombo Stock price patterns and their correlations with different microeconomic environments and drivers.
Colombo Investment Predictive Forecast Models
Colombo Investment's time-series forecasting models is one of many Colombo Investment's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Colombo Investment's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Colombo Investment Trust
Checking the ongoing alerts about Colombo Investment for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Colombo Investment Trust help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Colombo Investment appears to be risky and price may revert if volatility continues |
Other Information on Investing in Colombo Stock
Colombo Investment financial ratios help investors to determine whether Colombo Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Colombo with respect to the benefits of owning Colombo Investment security.